AUXLY REPORTS FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS AND PROVIDES OUTLOOK FOR 2024
The impairments recognized in 2022 include impairments related to the closure of the Auxly Annapolis facilities.
- The impairments recognized in 2022 include impairments related to the closure of the Auxly Annapolis facilities.
- Wages and benefits were $16.3 million for the year, as compared to $18.7 million for the same period of 2022.
- Office and administrative expenses were $10.4 million for the year, $1.2 million lower than the same period in 2022.
- Please see the Company's MD&A dated March 24, 2024, under "Non-GAAP Measures" for a further description of the following financial and supplementary financial measures.